BP Left Looking for a New CEO

What was the primary reason for Bernard Looney's resignation from BP?

• Poor business performance

• Misleading the board

• Retirement

• Health issues

What was one of Bernard Looney's major strategic goals during his tenure at BP?

• Increase oil production

• Achieve net-zero emissions by 2050

• Expand into coal mining

• Focus solely on US markets

How did investors initially react to Bernard Looney's strategy at BP?

• They demanded immediate results

• They were skeptical and preferred traditional oil and gas profits

• They were indifferent

• They fully supported it

Who is taking over as interim CEO of BP following Bernard Looney's resignation?

• Helge Lund

• Mario Oakland

• A new external candidate

• Bernard Looney himself

What is a notable characteristic of BP's approach to appointing CEOs?

• They rotate CEOs every year

• They have no specific preference

• They always hire externally

• They prefer internal candidates